Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Introduction to Public Finance and Government Interventions Quiz

12 Questions

0 Views

Introduction to Public Finance and Government Interventions Quiz

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What are the two main tools of fiscal policy?

Interest rates and money supply

Taxation and subsidies

Monopolies and public goods

Government spending and taxation (correct)

Which of the following is NOT a type of market failure?

Public goods

Information asymmetry

Inflation (correct)

Externalities

Which of the following is a strategy for pollution control?

Subsidies (correct)

Direct taxes

Public goods

Monopolies

What is fiscal federalism?

Fiscal relations between different levels of government Signup and view all the answers

What is the main objective of a government budget?

All of the above Signup and view all the answers

Which of the following is a major source of government revenue?

Direct taxes Signup and view all the answers

What is the primary goal of resource allocation?

To maximize social welfare Signup and view all the answers

What is a characteristic of public goods?

They are difficult to provide through markets Signup and view all the answers

What is an example of a negative externality?

Pollution Signup and view all the answers

What is an objective of government policies in the economy?

To promote growth, reduce inequality, and ensure stability Signup and view all the answers

What is a strategy for efficient allocation of resources?

All of the above Signup and view all the answers

What can cause market failures?

Monopolies and externalities Signup and view all the answers